#CircleLaunchesInstitutionalBTCBackedBorrowing Umaphakathi wethule i-Digital Asset-Backed Borrowing (DABB) ngaphakathi kwe-Circle Mint, okuvumela amakhasimende ezikhungo ukuthi aboleke i-USDC ngokumelene ne-Bitcoin (BTC) njengomcebo (collateral) ngaphakathi kwendlela yokusebenza ehlanganisiwe.
Izindlela Eziyinhloko & Izici
* Indlela Yokusebenza Ehlangene: Izikhungo zifaka i-BTC yazo ngqo nge-Circle Mint, okuyenza iguqule 1:1 ibe yi-cirBTC—impahla ye-Bitcoin esongwe (wrapped) yezinga lesikhungo yakwa-Circle, esekelwa i-BTC yangempela egcinwe ku-Circle National Trust.
* Ukwenza i-USDC: Ababolekayo bangasebenzisa i-cirBTC emabhizinisini okwezimali (lending protocols) asekelwayo eceleni (njenge-Morpho) ukuze baboleke i-USDC ngqo ngaphakathi kwebhalansi yabo ye-Circle Mint.
* Ukutholakala Kwenethiwekhi: Lesi sici siqala ukuqalisa kuwo amanethiwekhi amabili:
* Arc: Inethiwekhi yengqalasizinda yezezimali egxile kuma-stablecoin yakwa-Circle.
* Ethereum: Inikeza ukuhlanganiswa nemikhuba ye-DeFi yezikhungo eseyaziwa.
* Akukho Ukuhlolwa Okujwayelekile Kwezokuboleka (Underwriting): Ukufinyelela kuvulelekile futhi kubekwa ngaphezu komcebo (overcollateralized), kuncike kumingcele yemakethe, amanani e-LTV, nomcebo kunokwenza izivivinyo zesikweletu ezijwayelekile.
Idizayini Yezikhungo & Ukugcinwa (Custody)
* Ukugcinwa & Ukusobala: Izinqolobane ze-BTC eziyisisekelo zigcinwa kuma-akhawunti ahlukanisiwe yi-Circle National Trust (ibhange lesikhungo sethuluzi elibhaliswe ngokomthetho) futhi kuyenzeka kuqinisekiswe ngokuzimela nge-onchain.
* I-Architecture Yomthetho (Protocol) Engathathi Hlangothi: I-Circle isebenza kuphela njengomxhumanisi (bridge) nomkhiqizi wamathokheni kunokusebenzisa indawo yokuhweba noma yokubolekisa ephikisanayo, kunciphisa ukushayisana emsebenzini (operational friction) kwezimali zezinkampani (corporate) nasezimali zama-fund treasuries.
Izindlela Eziyinhloko & Izici
* Indlela Yokusebenza Ehlangene: Izikhungo zifaka i-BTC yazo ngqo nge-Circle Mint, okuyenza iguqule 1:1 ibe yi-cirBTC—impahla ye-Bitcoin esongwe (wrapped) yezinga lesikhungo yakwa-Circle, esekelwa i-BTC yangempela egcinwe ku-Circle National Trust.
* Ukwenza i-USDC: Ababolekayo bangasebenzisa i-cirBTC emabhizinisini okwezimali (lending protocols) asekelwayo eceleni (njenge-Morpho) ukuze baboleke i-USDC ngqo ngaphakathi kwebhalansi yabo ye-Circle Mint.
* Ukutholakala Kwenethiwekhi: Lesi sici siqala ukuqalisa kuwo amanethiwekhi amabili:
* Arc: Inethiwekhi yengqalasizinda yezezimali egxile kuma-stablecoin yakwa-Circle.
* Ethereum: Inikeza ukuhlanganiswa nemikhuba ye-DeFi yezikhungo eseyaziwa.
* Akukho Ukuhlolwa Okujwayelekile Kwezokuboleka (Underwriting): Ukufinyelela kuvulelekile futhi kubekwa ngaphezu komcebo (overcollateralized), kuncike kumingcele yemakethe, amanani e-LTV, nomcebo kunokwenza izivivinyo zesikweletu ezijwayelekile.
Idizayini Yezikhungo & Ukugcinwa (Custody)
* Ukugcinwa & Ukusobala: Izinqolobane ze-BTC eziyisisekelo zigcinwa kuma-akhawunti ahlukanisiwe yi-Circle National Trust (ibhange lesikhungo sethuluzi elibhaliswe ngokomthetho) futhi kuyenzeka kuqinisekiswe ngokuzimela nge-onchain.
* I-Architecture Yomthetho (Protocol) Engathathi Hlangothi: I-Circle isebenza kuphela njengomxhumanisi (bridge) nomkhiqizi wamathokheni kunokusebenzisa indawo yokuhweba noma yokubolekisa ephikisanayo, kunciphisa ukushayisana emsebenzini (operational friction) kwezimali zezinkampani (corporate) nasezimali zama-fund treasuries.
